ETH Censorship Fears Grow Potentialy, Vitalik Proposes Solutions

Vitalik Butrein, one of Ethereum’s creators plans on downsizing builder power.
Builders will have enough leverage to take practically all MEV and other advantages of the proposer.

Vitalik Butrein one of Ethereum’s creators plans on downsizing builder power to prevent Ethereum economy exploitation. Proof-of-Stake critics have sounded the alarm on Ethereum’s new Proof-of-Stake consensus mechanism.

Labrys is an Australian leading blockchain development agency with a laser focus on blockchain technologies. The company has been keeping track of protocol censorship since the merge, the company claims to have had troubling results.

It is concerning how the potential for censorship has grown unchecked since the merge and is projected to get much worse. It is critical for the long-term success of the entire blockchain industry, not just Ethereum (ETH) that layer 1 blockchain remain incredibly neutral.

Labrys’ CEO Lachlan Feeney said

Vitalik believes that partial block auctions can further decentralize block production. This will give builders the privilege to choose the “first half of the block and not the second half of the block”. He advises builders not to produce complete blocks.

If a builder is to win an auction, they wouldn’t have carte blanche to create the entire block. The above-mentioned individual added.

Suffixes created by the proposer make it possible for builders to add transactions that were missed by the proposer without having access to the proposer’s information. While this does help with compatibility difficulties, it still has the same flaws as inclusion lists.

Proposer pre-commit suffixes: the proposer pre-commits to a Merkle tree or KZG and other transactions they want to include in the block. A proposal is made by a proposer after a block is made by a builder. This removes a proposer’s MEV opportunities but fixes other weaknesses.

Vitalik went on to say that as long as some validators do not comply with the sanctions, then these transactions would eventually be picked up in later blocks and the censorship would only be temporary.

The price of Ethereum (ETH) has been nosediving since the Merge, this trend is expected to continue as censorship fears escalate. Ethereum’s (ETH) price is $1,290 at the time of writing, a decrease of roughly 2% within the past 24 hours. Since the Merge, the price of ETH has decreased by over 35%.